Coverage for damage caused by trees and for the trees themselves is one of many confusing areas of a Homeowners insurance policy. Your neighbors’ tree falls and damages your garage, shed and fence. Will insurance pay for the damage? Whose insurance should pay? What will they pay for? A tree falls in your yard. Will [...]
Private Mortgage Insurance (PMI) helps borrowers with less than twenty percent down payment to receive mortgage financing. Traditionally, mortgage lenders reject any mortgage application with less than twenty percent down payment. It has been proven that borrowers with less then twenty percent down payment are more likely to default on mortgage payment. The PMI protects [...]
Some research indicates that America is one of the most uninsured countries in the world when it comes to auto insurance, and one of the main reasons this is lies in how expensive auto insurance is these days. The fact is that America is in a recession, and many Americans can barely put food on [...]
Examining the options of debt settlement vs debt consolidation is critical to regaining financial freedom. If your bills are piled high and you are having a difficult time making your payments, you are probably considering filing for bankruptcy. However, is this really something that you should be doing? In other words, are there options available [...]
Go back twelve months and there were a few experimental policies on offer for pay-as-you-drive (PAYD) policies. No one seemed to be taking them very seriously. Then, suddenly, they are being launched in more than thirty states with really high-profile campaigns in California. Why has this idea become so big so quickly, and is it [...]
We have to start with the clear understanding that insurance companies exist to make a profit. In a way, that is profit at the expense of our own misfortunes. But, no matter what you think about the morality, the practical necessity is to have some cover should anything go wrong. Except, of course, teams of [...]